AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance at 13.82 is expected.
Caution: A possible trend reversal in the direction of support at 13.47 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.48 |
| 2nd High | 13.87 |
| Next High | 13.82 |
| Current Price | 12.610000000 |
| Next Low | 13.47 |
| 2nd Low | 13.39 |
| 3rd Low | 13.09 |
13.82 – 13.87 – 13.86 – 13.47 – 13.57 – 13.68 — 13.236341159144 – 16.043114988081 — 1.3443747843467 – 4.513583719068 – 11.559236039227 – 1.9526528344715
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –